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Chinese central bank imposes $984-million fine on Ant Group
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China's central bank on Friday announced a fine of 7.12 billion yuan ($984 million) for Ant Group.
Reuters reported earlier on Friday that the People's Bank of China (PBOC), which has been driving the regulatory revamp at Ant after its $37 billion IPO was scuttled in late 2020, intended to unveil the fine in coming days.
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